We performed a comparison between Anaplan and Oracle HFM based on real PeerSpot user reviews.
Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."Anaplan integrates well into my clients' core systems. The ability to aggregate the forms within the dashboarding is also useful. Only one of my clients has implemented workflow. Their usage has been very light. Dashboarding capability is probably the biggest one. My clients like having the ability to aggregate, slice and dice, and dynamically adjust things in the dashboards."
"The most valuable feature of Anaplan is machine learning. The solution is constantly evolving from feedback. Additionally, there is a wide range of training material online."
"The solution works very well for budgeting."
"I am impressed with the tool’s real-time calculations and intuitive interface. The tool’s user interface is the best compared to other software that I have worked with. I also find the tool’s management reporting feature valuable."
"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable."
"It's highly flexible. If you've got a complex environment with complex calculations, you can build that out. So that's a really good positive."
"I believe Anaplan is a new cloud tool, and from time to time, there's a lot of improvement that the Anaplan company deploys with the system. So, with that improvement, we need to really adapt and know the new system trends."
"It's simple to use with a lot of functions."
"It is a very user-friendly software."
"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"The tool is stable."
"The most valuable features are around consolidations, eliminations, conversions."
"Stability-wise, I rate the solution a ten out of ten."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"The solution can improve by providing an easier form of integration to different platforms, such as receiving data from different Salesforce. There is a process to do it through the use of some APIs but it could be made much easier. This would be a large help to us."
"It would be nice if the solution offered better extensions."
"Anaplan is a relatively expensive piece of software."
"The solution could improve by better dashboards and while entering the form loss and project implementation the ability to use graphical shapes more effectively."
"When there is a lot of data, it sometimes takes long to load."
"Automation needs to be built into this solution."
"There are so many business rules to set up in the system that as a business user it's hard to gauge what they're doing and it's possible to get lost."
"The cloud engine slows down when working with a large dataset. It still lacks a powerful engine."
"The complexity is okay. I don't see it as super complex. The solution could have more functionality to make it a little bit more flexible."
"Integration is an area where it lacks and can be improved."
"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."
"The solution has integration challenges. We need a simple tool that is fool-proof for the data that is submitted not only for consolidation purposes but also for performance management and reporting purposes."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."
"If there could be data integration between HFM and the accounting software that would be ideal."
Anaplan is ranked 1st in Business Performance Management with 24 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Anaplan is rated 8.0, while Oracle HFM is rated 8.0. The top reviewer of Anaplan writes "Great for large-scale modelling, easy to learn, and very stable". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". Anaplan is most compared with SAP ERP, Oracle Hyperion, SAP S/4HANA, IBM Planning Analytics and CCH Tagetik, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and IBM Cognos. See our Anaplan vs. Oracle HFM report.
See our list of best Business Performance Management vendors.
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